Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
27 MILL LANE is a large extended detached house of 162m², built sometime between 1950 and 1966. It was last sold for £250,000 in July 2003, which was around 7% below the average July 2003 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows two sales for 27 MILL LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 27 MILL LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2003 25 JUL | £250,000 | £269,033 | 7% below HPI |
1998 4 NOV | £99,000 | £134,315 | 26% below HPI |
The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 27 MILL LANE sales from November 1998 and July 2003 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 1998 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2003 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.
27 MILL LANE is 162m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 30% of detached houses in Houghton Conquest, based on EPC data. The below chart shows the distribution of detached houses by size in Houghton Conquest, and where 27 MILL LANE lies on this distribution: 71% of detached houses are smaller than 27 MILL LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Houghton Conquest.
27 MILL LANE sits on a plot of roughly 0.278 of an acre, or 1,125m². The below map shows the location of 27 MILL LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 27 MILL LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
27 MILL LANE is located in HOUGHTON CONQUEST, in the MK45 postcode district. The below map shows the position of No. 27 on MILL LANE.